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DealProspect/Listings/Retail

Grocery Store with Residence Above

Greengrocer

ActiveRetailNew South WalesB2C
Asking price
$120,000
Disclosed · AUD
Revenue (est.)
~$643,432
Estimated · comparable listings of this type and size · typically within ±25%
Earnings (est.)
~$93,838
Estimated · comparable listings of this type and size · typically within ±20%
Typical multiple
~1.3×
comparable listings of this type and size · typically within ±20%

Brief

  • Comprehensive grocery store serving a busy suburban area
  • Prime street exposure on a main road shopping village
  • Includes a four-bedroom unit above the premises leased at $2,000 per week
  • Upstairs residence rental covers the weekly shop rent
  • Newly renovated and fully equipped premises
  • Large 210 sqm shop area with rear lane loading and street parking
  • Established with reliable client base and suppliers
  • Branded products with no franchise or network fees
  • Trained reliable staff
  • Potential to launch online shopping and delivery

Greengrocers in New South Wales

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Listed
13
+1 in 30 days
Median asking
$413K
12 priced
Median revenue
$4M
10 disclose
Earnings multiple
2.4×
200 listings
Asking price spread12 of 13 state a price
This listing · $120K
25%
33%
25%
17%
$100K–$250K$1M–$2.5M

Australia 91 · Victoria 72

Cafes 244 · Takeaways 113 · Restaurants 92 · Childcare centres 78 · Manufacturing businesses 50 · Wholesale and distribution businesses 47

Priced like this one

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